Bitcoin Sentiment Reaches New Lows—But Signals Point to a Bullish Setup
The post Bitcoin Sentiment Reaches New Lows—But Signals Point to a Bullish Setup appeared on BitcoinEthereumNews.com.
The market mood surrounding Bitcoin has sunk to a level not seen in months, and yet, in an almost paradoxical turn of events, that dismal sentiment may be setting up the cryptocurrency for its next big rally. Discussions happening online around Bitcoin now have the almost eerie feel of being perfectly split in half between people with very bullish views and those with bearish ones. We haven’t seen this kind of appearance of market indecision in quite some time, since back on April 6, when Bitcoin felt the immediate aftershocks of former President Trump’s tariff announcement. Weekly Bitcoin fees rose to the largest value this year, fueled by regulatory clarity and high institutional demand pic.twitter.com/7lAW3RatxG — Sentora (previously IntoTheBlock) (@SentoraHQ) June 20, 2025 Discussion around Bitcoin online now seems almost perfectly split. Although it appears that retail investors are losing confidence in the market, the large-scale holders are doing just the opposite. On-chain data reveals that in only the last 10 days, 231 new Bitcoin wallets holding 10 BTC or more have been created. This latest accumulation by the big fish in the Bitcoin pond—often dubbed “whales”—is another sign that the retail investor seems to be panic selling to the benefit of the large-scale holders. Historically, we have seen these periods of whale accumulation in tandem with retail investor panic prior to major price increases. Bitcoin sentiment is at its lowest in months, but that might actually be bullish Right now, for every 1 bullish #Bitcoin comment online, there’s ~1 bearish one, a split not seen since April 6, when Trump’s tariffs triggered market fear. Meanwhile, 231 new wallets with 10+ $BTC… pic.twitter.com/145Pve6bK4 — CryptoRank.io (@CryptoRank_io) June 20, 2025 Conversely, over 37,000 small holders have left the market in the same stretch of time. Their exits show that small, everyday…
Filed under: News - @ June 22, 2025 4:25 pm